Germany first? Europe's biggest economy looks more protectionist by the day

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Germany is reportedly planning a state-owned fund to block unwanted takeovers by foreign firms. It's the latest in a string of protectionist moves.

who said free markets should decide winners and losers, with the state only providing a framework for fair competition."German banks aren't allowed to fail

Take the government's blessing in the combination of Germany's two largest, but struggling, banks. Just this week, Deutsche Bank and CommerzbankThe announcement was met with criticism including the wisdom of a tie-up that does little to address their underlying problems.

about the discovery of forged documents and suspect transactions at Wirecard, and the company has denied any wrongdoing.

 

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